Ioneer Ltd. has announced it has secured firm commitments for an institutional placement to raise approximately US$50 million (A$72 million) through the issue of around 400 million new shares at A$0.18 per share, representing a 14.3% discount to the company's closing price on 28 January 2026. The placement attracted strong interest from both new and existing shareholders, including several high-quality domestic and international institutions. Proceeds from the placement will be used to accelerate the development of Ioneer’s Rhyolite Ridge Lithium-Boron Project in the U.S., covering long lead items, early works, project readiness, environmental permitting, and general corporate purposes. The new shares will rank equally with existing ordinary shares. Bell Potter Securities and Canaccord Genuity acted as joint lead managers and bookrunners for the placement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ioneer Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-002864), on January 30, 2026, and is solely responsible for the information contained therein.